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Latin American Economy & Business - November 2014 (ISSN 1741-7430)
PANAMA: Star pupil has fiscal worries
Lifted by broadly market-friendly policies and massive infrastructure projects, Panama was one of the fastest-growing economies in Latin America 2013 (when real annual GDP expanded by 8.4%), a position it will retain in 2014 (when growth is forecast at 6.5%). There is one little grey cloud in Panama’s blue sky, however: a growing fiscal deficit. Should it be a cause for concern?
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